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Google faces antitrust déjà vu as US seeks to break up its digital advertising business
The DOJ seeks to break up Google’s ad business in a new trial, arguing the company abused its monopoly in digital advertising.
Trump, Xi discuss TikTok deal and easing US-China trade war
Trump and Xi discuss a TikTok deal that could keep the app in the U.S. while signaling progress in easing trade tensions between the nations.
FTC, states sue Ticketmaster, saying it forces fans to pay more for concerts and events
The Federal Trade Commission and a bipartisan group of state attorneys general, including Virginia, sued Ticketmaster and its parent company.
Trump asks Supreme Court to remove fed governor Lisa Cook
The Trump administration asked the Supreme Court to oust Fed Governor Lisa Cook, an unprecedented move to reshape the central bank’s independent board.
DC Council approves RFK stadium site for Commanders return
D.C. Council approved the $3.8B RFK Stadium redevelopment plan, clearing the way for the Commanders to build a new home stadium set to open in 2030.
US jobless claims drop after hitting 4-year high
U.S. jobless claims fell by 33,000 to 231,000 after spiking to a nearly 4-year high, as weak labor data drives Fed interest rate cuts.
Scout Motors invests $300M in South Carolina supplier park
Scout Motors adds $300M investment in Blythewood · New supplier park will create about 1,000 jobs · Project boosts total economic impact to nearly
Nvidia invests $5b in Intel, forms data center partnership
Nvidia partners with Intel on custom data centers and PCs, investing $5B in Intel stock as AI demand reshapes the tech industry.
Amazon boosts worker pay, cuts health plan costs
Amazon is investing $1B to raise U.S. worker wages and lower health plan costs, lifting average pay to $23 an hour and reducing co-pays to $5.
Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate [&helli[...]
Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
Retail sales rose 0.6% in August, boosted by back-to-school shopping, despite tariffs beginning to raise prices and pressure the job market.
New York judge tosses terrorism charges against Luigi Mangione, lets murder count stand
A New York judge dismissed terrorism charges against Luigi Mangione in the killing of UnitedHealthcare CEO Brian Thompson but kept murder charges.
